Darla Barker, CPA owns a small tax practice located in Ann Arbor, MI. Darla’s family friend, Stephen Grey, owns a small security firm in Livonia, MI. Stephen’s banker has decided that Stephen’s company needs to submit audited financial statements in order to maintain Stephen’s line of credit with the bank. Stephen emails Darla asking if she would be interested in performing the audit of his company. Stephen is on a tight deadline from the bank and would like the audited statements within 6 weeks. Darla’s tax practice has never performed an audit for any client previously. Draft an email response from Darla to Stephen, referencing the appropriate section of the AICPA Code of Professional Conduct.
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